Greatmark Investment Partners Inc. Acquires 15,250 Shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Greatmark Investment Partners Inc. raised its position in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) by 10.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 155,750 shares of the investment management company’s stock after purchasing an additional 15,250 shares during the period. Greatmark Investment Partners Inc.’s holdings in Invesco Trust for Investment Grade Municipals were worth $1,540,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of VGM. Karpus Management Inc. grew its holdings in Invesco Trust for Investment Grade Municipals by 15.6% during the third quarter. Karpus Management Inc. now owns 2,461,545 shares of the investment management company’s stock valued at $20,923,000 after purchasing an additional 331,592 shares during the period. Robinson Capital Management LLC grew its holdings in Invesco Trust for Investment Grade Municipals by 103.2% during the third quarter. Robinson Capital Management LLC now owns 451,610 shares of the investment management company’s stock valued at $3,857,000 after purchasing an additional 229,345 shares during the period. AQR Arbitrage LLC grew its holdings in Invesco Trust for Investment Grade Municipals by 97.4% during the third quarter. AQR Arbitrage LLC now owns 399,294 shares of the investment management company’s stock valued at $3,394,000 after purchasing an additional 197,033 shares during the period. Advisor Partners II LLC bought a new position in Invesco Trust for Investment Grade Municipals during the third quarter valued at $1,184,000. Finally, Bramshill Investments LLC grew its holdings in Invesco Trust for Investment Grade Municipals by 4.6% during the third quarter. Bramshill Investments LLC now owns 2,338,567 shares of the investment management company’s stock valued at $19,878,000 after purchasing an additional 103,192 shares during the period. 38.13% of the stock is owned by institutional investors.

Invesco Trust for Investment Grade Municipals Trading Up 0.3 %

Shares of NYSE:VGM traded up $0.03 during trading on Monday, hitting $9.54. 35,845 shares of the company were exchanged, compared to its average volume of 163,477. The stock has a 50 day moving average of $9.76 and a 200 day moving average of $9.52. Invesco Trust for Investment Grade Municipals has a 52-week low of $8.15 and a 52-week high of $10.04.

Invesco Trust for Investment Grade Municipals Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 16th will be given a dividend of $0.0388 per share. The ex-dividend date of this dividend is Monday, April 15th. This represents a $0.47 annualized dividend and a dividend yield of 4.88%.

Invesco Trust for Investment Grade Municipals Profile

Invesco Trust for Investment Grade Municipals is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.